Markets

by | February 02, 2019 | 01:14

A survey of forecasters has estimated that the eurozone economy will grow by 1.5 percent this year, its slowest expansion since 2014. The Dow rose by 435 points, or 1.8 percent, and the S&P 500 was up to by 1.6 percent, bringing the increase in both share indexes to around 7 percent for the month, after the worst December since 1931.

by | February 01, 2019 | 00:42

Both The Wall Street Journal and CNBC reported that the possible meeting could take place right after a summit between Trump and North Korean leader Kim Jong Un and just before the U.S. Trump has threatened to extend the tariffs to an additional $267 billion in Chinese goods if a trade deal is not reached by the March 1 deadline. That's because the build-up for the meeting-and the expectations of a deal-will be so high that a negative outcome would tank markets globally and batter both ...

by | January 31, 2019 | 09:55

Maduro's government has been backed by China, Russia and Turkey with the Kremlin saying this week that it expects Venezuela to pay its debts. "We're in conversation with major American companies now", he said. He is unlikely to back down unless that changes. "I'm going out now more than ever", said Sobeia Gonzalez, 63. "Presidential elections in Venezuela have taken place, and if imperialists want new elections let them wait until 2025", he said in an apparent reference to ...

by | January 30, 2019 | 00:42

Juan Guaido , the apparently pro-Bitcoin leader of the Venezuelan opposition to Nicolas Maduro's presidency, made secret trips overseas in order "to brief [foreign] officials" on his plan to hold mass protests during start of Maduro's second term as president, according to a report in the Associated Press (AP).

by | January 29, 2019 | 00:12

Nicolas Maduro's election to a six-year presidential term last year has been widely criticized as a fraud created to keep him and his military allies in power despite the country's years-long spiral into misery and hunger. In Paraiso, an area of Caracas where residents and the National Guard violently clashed, opposition lawmaker Ivlev Silva, his hands raised over his head, walked up to a line of soldiers wearing riot gear and holding shields.

by | January 28, 2019 | 01:38

U.S. West Texas Intermediate crude futures were at $53.70 per barrel, up 57 cents. The supply of global oil is also being closely watched by oil market analysts with the growth in production of USA shale oil also a pressure on prices. A sudden escalation in long-burning tensions between the United States and Venezuela could have far-reaching ramifications in the oil market, where the Bolivarian Republic remains a significant player despite its plunging output.

by | January 28, 2019 | 00:59

RevealNews says this lawsuit was settled by Facebook in 2016. A federal judge ordered the documents, which are from 2010 to 2014, to be unsealed after a request from the publication. The suit was filed by Glynnis Bohannan, whose 12-year-old son racked up nearly $1,000 playing Ninja Saga . It's clear from the released documents that Facebook intentionally structured its games and website to obfuscate how much kids and parents were spending.

by | January 26, 2019 | 00:37

In an interview with broadcaster Univision on Thursday, Guaido described the recent events as "the beginning of the end" for Maduro, who has presided over Venezuela's worst ever economic crisis. Maduro's reelection previous year was contested by the opposition, and criticized internationally - but the military has repeatedly reiterated its loyalty to the socialist leader.

by | January 26, 2019 | 00:31

Air traffic was being delayed at LaGuardia airport in New York, Philadelphia worldwide airport and Newark Liberty global airport in New Jersey, according to the FAA's website . "Due to the shutdown , air traffic controllers, transportation security officers, safety inspectors, air marshals, federal law enforcement officers, FBI agents, and many other critical workers have been working without pay for over a month", the statement noted .

by | January 26, 2019 | 00:30

Turkish President Recep Tayyip Erdogan phoned Venezuelan President Nicolas Maduro to offer support, and said he was shocked that Washington had backed the opposition leader's move to declare himself interim leader. But Kremlin spokesman Dmitry Peskov said: "We have no such information". Vladimir Padrino Lopez, the country's defense minister who controls Venezuela's powerful military, said Thursday that Maduro was the " legitimate president".

by | January 26, 2019 | 00:25

Yossi Adler and his wife Jennie, along with their 19-month-old daughter were flying from Miami to Detroit Wednesday night and had boarded the flight with every intention of making the trip as planned, NBC News reported Thursday . "We stopped several people in the airport and, it's embarrassing", she said, "but we asked them, 'Do you think we smell? Because we just got kicked off a plane for smelling, '" Jennie told WPLG .

by | January 22, 2019 | 00:58

Google also did not properly obtain users' consent for the objective of showing them personalized ads, the watchdog agency said. Even though many tech multinationals like Google are headquartered in the USA, they still have to comply with the new rules because they have millions of users in Europe.

by | January 20, 2019 | 03:40

Images published on broadcaster Televisa showed people with severe burns from the blast, as the Government sent in ambulances and doctors to treat the victims. The government says fuel theft costs the country about $3 billion a year. One witness described how an nearly festive atmosphere among hundreds of local residents filling containers with spilled fuel turned to horror as the blast scattered the crowd in all directions, incinerating clothing and inflicting severe burns.

by | January 19, 2019 | 01:12

Tesla posted a $311 million quarterly profit in October, only its third profitable quarter in eight years as a public company. However, that was in part the result of preferentially selling higher priced Model 3 variants in North America.

by | January 18, 2019 | 04:39

He also Mr Corbyn's demand to take No Deal off the table was "the wrong starting point", adding he not believe the European Union would extend the timetable for the Article 50 talks. Asked by a reporter if he was "taking no-deal off the table" in response to the opposition leader's demand, the spokesman replied: "I am not". That it would lose was widely expected, but the scale of the rout - 432 votes to 202, the biggest defeat government defeat in British parliamentary history - was ...

by | January 18, 2019 | 03:15

Despite continued push-back and even outright banning of Huawei equipment by several agencies, Ren said he was confident revenue would reach $125 billion in 2019 - $25 billion more than a year ago. Ren said that despite his party membership, Huawei makes decisions based on its customers' needs. Moreover, he called United States head of state Donald Trump 'a great president '.

by | January 18, 2019 | 03:12

Companies including Apple and Amazon have "wrongly labelled" Taiwan and should take immediate actions to correct it, the state-run Legal Daily reported on Wednesday, citing a report released by Chinese government think tanks. Trade Representative Robert Lighthizer, remain unconvinced and worry that rolling back tariffs could be a sign of weakness, according to the Journal .

by | January 18, 2019 | 00:38

Between allegations of spying , executives being arrested , and more, you wouldn't think that there could be any additional bad blood between the two. The US government is pursuing criminal charges against Huawei for the alleged theft of trade secrets, it has emerged. A group of United States politicians want to ban the sale of USA technology components to Huawei, ZTE Corp or other Chinese telecommunications companies that violate U.S.

by | January 17, 2019 | 00:58

The total may climb above 100, perhaps leaving Mrs May in second place behind Tony Blair, who faced a rebellion of 139 over his plan to take Britain to war with Iraq in 2003 (he won the vote anyway, with the backing of the Tories ). The prime minister's own backbenchers rebelled in huge numbers over the divorce deal, but the ringleaders said they would still back her in the confidence vote scheduled for around 6am on Thursday.

by | January 17, 2019 | 00:46

After taking two of the top honors at the North American International Auto Show, Hyndai has pulled the wraps off two vehicles at Cobo Center. GM is vowing to reposition Cadillac as an EV brand. Cadillac has a goal to sell an electric SUV priced more affordably than Tesla Inc.'s Model X, which often retails for more than $100,000. This will be the first model derived from GM's future EV platform.